With mold exposure linked to several adverse health effects and symptoms, mold prevention is essential for maintaining a healthy indoor environment. In fact, horror stories abound of people who have been forced from their homes because of toxic mold. The…
Building ownership, particularly for landlords, comes with inherent risks of loss. That’s why it’s especially important for owners of rental properties to have liability insurance as part of their risk management strategy. Beyond insurance, this article offers other best practices…
There’s not much excitement for most landlords, property managers and building owners when it comes to routine housekeeping and maintenance. But there’s an excellent reason why you should care about housekeeping and maintenance: your insurance company does. And so do…
In our litigious society, association boards and property managers need to protect themselves against legal action. Consider the following examples of actual disputes: One association board spent $1 million defending itself against a resident allegation that a special assessment was…
Did you know that New York City property owners can request to have a free tree planted on their street? Among its many duties, the New York City Department of Parks & Recreation maintains the city’s urban forest. Requesting a…
While finishing a basement can expand a home’s living space, this home improvement project carries additional considerations in the five boroughs. Other blog posts address New York City requirements for basement rentals. This article looks at general restrictions and uses for…
The master insurance policy of a condo or co-op affects not only the property, but also individual residents. When buying insurance for a condo or co-op building, the managing entity needs to balance adequate protection with fiscal responsibility. Having the…
New York City’s Department of Housing Preservation & Development (HPD) requires annual property registration by owners of residential buildings that meet the following requirements: Multiple dwelling (3 or more residential units) Private dwelling (1-2 residential units) not occupied by the…
Planning to renovate your apartment building? You’ll need a Tenant Protection Plan (TPP) if any of the dwelling units will be occupied during construction. Building owners must post or distribute a TPP Notice when the Department of Buildings (DOB) issues…
Most construction projects in New York City require a Department of Buildings (DOB) permit. Such undertakings require building owners to hire licensed design professionals—professional engineers (PEs) or registered architects (RAs)—who file plans and obtain permits before the work begins. While…